Newport, DE vs Townsend, DE

There is a significant gap in the cost of living between these two cities. Newport is 17.2% cheaper than Townsend. With a cost index of 89 vs 108, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Newport to Townsend should plan for substantially higher expenses across most categories.

On the housing front, median rent in Newport is $1,143/month compared to $1,208/month in Townsend — a 5% difference. Home values follow the same pattern: Newport is more affordable at $230,900 median vs $433,400.

Median household income in Newport is $59,833 compared to $153,083 in Townsend (-60.9%). While Townsend is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Newport spend roughly 22.9% of their income on rent, more than the 9.5% in Townsend.